Economic News

On tv you see economists of the major banks and they supposedly tell what's going on.
Ofcourse they are not allowed to do that.
One reporter on Dutch tv was questioned if he ever lied on tv a while back ( Willem Middelkoop is his name)
He said that they actually lied 3 times, that was in 2007 and 2008 when it came out that the system
was just hours away from a total collapse and run on the banks that would follow.
Maybe you say:"good , cause they saved it", but realize, if something is wrong, they're not telling you.
Not on time for you to save your money, savings.
So when it really matters, you won't get informed. That means you need to prepare yourself for that.
I saw economists from ING on Dutch tv and they were questioned about the situation within ING.
Well, they juust as good could not ask that question ofcourse!
So another problem is that economists cannot speak out, if they would panick would spread...at the same time,
if they could have done from the beginning,we never would've ended up in this situation and economists
would have told that we need to follow a different course and not talk it good for years.
all that cover up rhetoric only makes it worse in the end and then you will collapse anywya, only with even biger consequences.


-Flying Dutch

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